IBT Staff Reporter

Nigerian opposition Senators pushed for President Muhammadu Buhari to face impeachment, 10-months before the end of his second term in office, over the country's spreading security problems, the Senate minority leader said on Wednesday.

Australian investment bank Macquarie Group flagged a higher quarterly profit on Thursday and said all its business units felt the headwinds of inflation and market volatility but its diversified structure would still bring opportunities.

The U.S. Justice Department said on Wednesday it got a warrant to search the phone of former President Donald Trump's election attorney, John Eastman, who spoke at a rally before the Jan.

Spotify Technology SA's Car Thing player is now a thing of the past.

A historic apology by Pope Francis to survivors of residential schools in Canada evoked strong emotions for many as the pontiff begged for forgiveness but fell short of what some survivors and indigenous leaders had hoped for.

The party with the most votes in Italy's centre-right coalition will choose the prime minister if the bloc wins the coming election, the alliance said on Wednesday, putting far-right leader Giorgia Meloni in pole position for the top job.

The U.S. government bond market is sending a fresh batch of signals that investors are increasingly convinced the Federal Reserve's aggressive actions to tame inflation will result in recession.

Actor Tony Dow, best known for his role as Wally Cleaver in the 1950s American TV sitcom "Leave It to Beaver," died Wednesday at age 77, his family and management team said on Wednesday, a day after his death was announced prematurely.

Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales.

Amazon Web Services (AWS), a unit of Amazon.com Inc, expects sustained growth in Chile and the rest of Latin America in coming years despite ongoing political turmoil, a senior executive told Reuters.

Most Gulf central banks lifted their main interest rates by three quarters of a percentage point on Wednesday, moving with the U.S.

U.S. banks JPMorgan Chase & Co, Citigroup and Wells Fargo raised their prime lending rates by 75 bps to 5.5% on Wednesday to reflect the Federal Reserve's latest interest rate move.

The United States has made "a substantial offer" to Russia to release U.S.

The United States has made "a substantial offer" to Russia to release U.S.

Mostly reassuring financial results from Alphabet Inc included one concerning sign for social media companies: Its YouTube service posted its second difficult quarter in a row.

Security researchers at Microsoft have said an Austrian firm was behind a string of digital intrusions at banks, law firms and strategic consultancies in at least three countries.

Portugal's largest listed bank, Millennium bcp, reported on Wednesday a five-fold rise in first-half net profit, boosted by solid core income and strict cost cutting, despite high provisions at its Polish subsidiary.

The U.S. Senate on Wednesday passed sweeping legislation to subsidize the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent shortage that has affected everything from cars, weapons, washing machines and video games.

A majority of the U.S. Senate on Wednesday backed sweeping legislation to subsidize the domestic semiconductor industry, hoping to boost companies as they compete with China and alleviate a persistent shortage that has affected everything from cars to washing machines.

China needs to rethink its zero-COVID policy to avoid more harm to the economy, as well as come up with a long-term solution to the crisis in the real estate sector, a senior International Monetary Fund (IMF) official said in an interview.

French construction materials group Saint-Gobain on Wednesday posted record half-year operating income and confirmed guidance for the year, despite the pandemic, supply chain disruptions and inflation, the firm said.

Finding enough seafarers willing to sail ships stuck inside Ukraine's ports is set to pose a major challenge to the proposed grains corridor designed to ease an international food crisis.

Europe's largest food retailer Carrefour said on Wednesday it was confident about the second half of the year after reporting higher first-half operating profit and raising its 2022 cost-savings target amid accelerating inflation.

Pope Francis to address Canada's political leaders in Quebec

Ulrich Koerner, a Porsche fan and rally driver, will need all his navigation skills to steer loss-making Credit Suisse towards profitability as the Swiss bank embarks on yet another campaign to get back on solid ground.

Neymar to go on trial in Spain just before World Cup

U.S. President Joe Biden celebrated his recovery from COVID-19 on Wednesday with an appeal to Americans to get vaccinated and a comparison of his mild symptoms and work-from-home performance to the more serious case experienced by his predecessor.

The European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company's spy software, the bloc's top justice official said in a letter seen by Reuters.

Fourth person 'cured' of HIV, but is a less risky cure in sight?